Question 11

Real estate investing at it's
most profitable point......

610.941.2131

Universal 1031, Inc.

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Question 11

Inside FAQ
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If the taxpayer has already signed a contract to sell the relinquished property, is it too late to start a tax-deferred exchange?

	No, as long as the taxpayer has not transferred title, or the benefits and burdens of the relinquished property, she can still set up a tax-deferred Exchange. Once the closing occurs, it is too late to take advantage of a Section 1031 tax-deferred exchange (even if the taxpayer has not cashed the proceeds check).

Universal 1031, Inc

650 Sentry Parkway, Suite 1

Blue Bell, PA 19422

610.941.2131

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